Today's Trading Signals for $WLD Worldcoin
Action:
Long Position
Short Position
Long Position:
Entry Range: $2.02 - $2.10
Stop-Loss (SL): $2.00
Take Profit (TP): $2.18 - $2.30
Short Position:
Entry Range: $2.15 - $2.19
Stop-Loss (SL): $2.21
Take Profit (TP): $2.05 - $2.00
WLD is exhibiting a consolidation pattern within a tight price range of $2.02 to $2.19, indicating potential for breakout movement in either direction. The 24-hour volume to market cap ratio of 15.45% suggests healthy liquidity, which is favorable for scalping strategies. However, the price's proximity to its all-time low indicates traders should exercise caution with leverage.
For a long position, consider entering near $2.02 - $2.10, capitalizing on potential rebounds toward resistance around $2.18-$2.30.
Conversely, for a short position, look for entries near $2.15-$2.19 with targets near $2.05, anticipating price rejection at resistance.
馃毃Note: Trade at your own risk. DYOR.
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